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honorary union member. so is leaseman actually. maybe you can -- >> the president -- >> maybe -- you probably with -- >> workers fly i guess. we are strong, solid, more than ever. >> you probably need protection. >> probably do. >> are you surprised at the 2.7 in the market and everything in the face of what we're telling people as such a horrifying possibility that the things have been -- the jobs number, we're going along pretty well, aren't we? >> we kind of are. i think sometimes we forget that -- that the market discounts economic stuff and doesn't discount political preferences. we also forget how well american businesses have done over the last four years. so it's been -- i think we'd agree, whatever side of the political divide you fall on, this has not been the friendliest possible situation for business. i think american corporations have done a terrific job of coping with a tough regulatory environment, a tough financial. the aftermath of this financial crisis. a lot of negative publicity. and ma
honorary union member. so is leaseman actually. maybe you can -- >> the president -- >> maybe -- you probably with -- >> workers fly i guess. we are strong, solid, more than ever. >> you probably need protection. >> probably do. >> are you surprised at the 2.7 in the market and everything in the face of what we're telling people as such a horrifying possibility that the things have been -- the jobs number, we're going along pretty well, aren't we? >> we...
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Dec 12, 2012
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union together with political union, everyone has to throw something in the pot. some countries are much more willing, some aren't. really it n terms of being, banking union being one of the key pillars of this potential overall project, we're some way away as we are from the fiscal and political union. >> that's clear. >> in the meantime, what people want is for the central bank to be as expansive and promising expansion in the meantime. of course, that then -- one of the only consequences of the policy around the world is the lack of market pressure on politicians to institute real sort of economic and financial reform. so it's going to be one step step back kind of thing.rd, sometimes the markets get worried. sometimes they don't. >> you're still giving them a half step at the end of the day. >> i think you have to realize, we've not been particularly bullish on the euro to see the least. but you have to realize that the amount of effort that these politicians are willing to put in, the amount of -- you know, with the populations on the streets or protesting --
union together with political union, everyone has to throw something in the pot. some countries are much more willing, some aren't. really it n terms of being, banking union being one of the key pillars of this potential overall project, we're some way away as we are from the fiscal and political union. >> that's clear. >> in the meantime, what people want is for the central bank to be as expansive and promising expansion in the meantime. of course, that then -- one of the only...
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Dec 13, 2012
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someone here says unions are toxic for both workers and companies. we'll tell you all about it. stay with us. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ look this isn't my first christmas. these deals all seem great at the t
someone here says unions are toxic for both workers and companies. we'll tell you all about it. stay with us. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how...
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Dec 4, 2012
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they are open territory important the democrats to say let's unionize you and buy this message. until we -- let me finish. let me just finish -- >> i want to win 40% of them. the conversation about free markets and work and entrepreneurship is terrific. don't go on welfare, don't be dependent on government, go to work. >> but that's not what we're seeing. look at the data. you won't get 40% if they buy this idea of collectivism and socialism and this community of people polled very high for collectivism and socialism. >> i don't buy that. >> the data is clear. it's similar to what has happened in black communities. just a few percentages behind. >> i think we can't even have conservatives cannot even begin a conversation with immigrants until conservatives quit the deportation law and order harshness. then i think having put that aside, having shown there's some compassion i think you can go back to that group, george w. bush got 40%, jeb bush got close to 50%, governor perry gets a high amount. it can to be done, star. >> i'm not saying it can't to be done but you can't say tha
they are open territory important the democrats to say let's unionize you and buy this message. until we -- let me finish. let me just finish -- >> i want to win 40% of them. the conversation about free markets and work and entrepreneurship is terrific. don't go on welfare, don't be dependent on government, go to work. >> but that's not what we're seeing. look at the data. you won't get 40% if they buy this idea of collectivism and socialism and this community of people polled very...
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Dec 12, 2012
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is this anti-union or pro business? how do you call it? >> i think it is an anti-union move. it will help businesses as well. a lot of people think it is a libertarian thing. it gets in the way of people's freedom of contract for employers to be able to say, i will only employ union workers. i can don't think these laws are a good idea. >> i'm very torn about this, john. i think requiring someone to pay fees to a union as condition of employment, that strikes me as wrong. on the other hand, my grandmother is with the internation international garment workers for three years. i think she would say, allowing people to piggyback on the gains made because you want to get out, i would v a problem with that too. i'm torn about this and i don't mean to sound wishy washi. >> i'm with you, bob. two, two, two mints in one. i think it is both anti-union and pro business. they are saying we are losing competitively to states like texas, north caroline why and virginia and others in the fights for workers. think i we all saw this coming. apple working with employers in asia to test a tele
is this anti-union or pro business? how do you call it? >> i think it is an anti-union move. it will help businesses as well. a lot of people think it is a libertarian thing. it gets in the way of people's freedom of contract for employers to be able to say, i will only employ union workers. i can don't think these laws are a good idea. >> i'm very torn about this, john. i think requiring someone to pay fees to a union as condition of employment, that strikes me as wrong. on the...
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Dec 7, 2012
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another says that we must make the union outlawed, eliminate unions on this country! and brian turner writes in and says right to work states means right to work for less. if you hear anything we're talking about tweet us. >>> we hear a lot about how people are looking for jobs, but some say manufacturers are saying that they are just frustrated with constant job openings and no one to fill those positions. cnbc's phil lebeau joins us with more on that story. phil, good morning. >> good morning. we're just outside chicago, start of the first shift here. this is where they make components like this that will go to the aerospace and electronics industries. they have 10 to 12 openings here and this is a story that we're hearing throughout the manufacturing base in the united states. take a look at how many manufacturing openings have been created over the last three years. it's gone from essentially 90,000 up to 247,000. some of those openings they seem like they're permanently open. we went down to metal technologies an auto parts supplier just out of bloomington, india
another says that we must make the union outlawed, eliminate unions on this country! and brian turner writes in and says right to work states means right to work for less. if you hear anything we're talking about tweet us. >>> we hear a lot about how people are looking for jobs, but some say manufacturers are saying that they are just frustrated with constant job openings and no one to fill those positions. cnbc's phil lebeau joins us with more on that story. phil, good morning....
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Dec 19, 2012
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economy. >> what about you, glenn. >> i don't disagree but in the tech business, we don't deal with unions. >> you pay market price. >> what i would say, i'm a huge bull huge bull on america. if we get this fiscal cliff behind us, we still have a host of issues to deal with. we have to deal with the huge drag coming from europe. the brazilians have sort of screwed up with all the government intrusion there. we have to get back going again on global growth. but look what's going on in this country with the incredibly innovation of technology, huge opportunities in natural gas, which i think is people are talking about price, but a huge increase in volume. and the uses around the country. and how clean energy is. it's a very valuable, important thing. one of the things people don't understand out of this financial crisis is that our capital markets are the envy of the world. they're a huge strategic tool we have to fund equity capital and long-term debt capital in ways that many of the countries around the world don't have. >> all you're talking about is privatizing. both of you see the gove
economy. >> what about you, glenn. >> i don't disagree but in the tech business, we don't deal with unions. >> you pay market price. >> what i would say, i'm a huge bull huge bull on america. if we get this fiscal cliff behind us, we still have a host of issues to deal with. we have to deal with the huge drag coming from europe. the brazilians have sort of screwed up with all the government intrusion there. we have to get back going again on global growth. but look...
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Dec 3, 2012
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stock workers refuse to cross picket lines set up by union clishgal workers. we're going to take one more break. this is the way we do these things. we have to do a certain amount for every 60 minutes. if we have a long 15-minute period, they know we go back to back on something. if you have any questions, e-mail us squawk@cnbc.com. becky will see it. i won't. follow us on twitter. @cnbc.com is our handle. up next, dominos, the company's ceo joins us to talk jobs, the cliff and a fiscal break. >>> welcome back to "squawk box," everyone. in our headlines this morning, the nation's automakers are expected to report an 11.3% increase in sales for november compared to a year ago. some of that is attribute knowledge to superstorm sandy. an estimated quarter million vex were destroyed. those numbers will be out this morning. it would only say that it is speaking to, quote, interested parties. but delta air lines is involved in those sdgzs. virgin is the second largest airline at heath row. >>> and lenny dykstra will be sentenced today. he was found to have hidden an
stock workers refuse to cross picket lines set up by union clishgal workers. we're going to take one more break. this is the way we do these things. we have to do a certain amount for every 60 minutes. if we have a long 15-minute period, they know we go back to back on something. if you have any questions, e-mail us squawk@cnbc.com. becky will see it. i won't. follow us on twitter. @cnbc.com is our handle. up next, dominos, the company's ceo joins us to talk jobs, the cliff and a fiscal break....
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Dec 13, 2012
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and the bottom line is that even today, as we hear positive news about the banking union, the europeans are begrudgingly and distressing structural issues. >> give us one crazy wild card idea for 2013. >> oh, i like that, i like that. >> you thought spanish stocks are in a crazy enough idea? >> no, that loco. we were crazy. not loco. >> boy, i tell you, i think the place to be is in precious metals. silver. >> silver as opposed to gold? >> silver is the beta trade. >> lead. >> i have been long lead. >> more economic? terms of a trade. >> the last question, which is the most important, your company owns part of the dodgers. >> mm-hm. >> how much are you spending this year? >> well we don't own the dodgers. we put the deal together. >> but you're in there. how much will the dodgers spend this year? >> the dodgers will spend the amount of money they think is efficient to win this series. >> i knew you were going to dodge that question. >> ha, ha, ha. top that. >> thank you, scott, as always, good to see you. okay, moving along. >> on deck, is the fed building a new house of cards? why the
and the bottom line is that even today, as we hear positive news about the banking union, the europeans are begrudgingly and distressing structural issues. >> give us one crazy wild card idea for 2013. >> oh, i like that, i like that. >> you thought spanish stocks are in a crazy enough idea? >> no, that loco. we were crazy. not loco. >> boy, i tell you, i think the place to be is in precious metals. silver. >> silver as opposed to gold? >> silver is the...
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Dec 12, 2012
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looks like we have a deal on banking union. the ecb will supervise all banks presumably in the euro zone. that means the ecb will be able to directly tap into those bailout funds and recapitalize the banks, plugging in across the euro zone. this is hugely important in building those firewalls against contagion. the result of the stock market is that you continue to get gains. the top 50 blue chips in europe is the white line. the dow jones industrial average is the yellow. this is a chart since the results of the election. as we are mired in the fiscal cliff here, they've been able to make almost 4% gains on their top blue chips. meanwhile, also worth mentioning that, after the sell-off we got on italian debt, where mario monti said he would resign over the weekend, today italy successfully went through an auction at the one-year level of debt. and you can see where people have viewed monday's sell-off as a huge opportunity. so the yields are heading down on the ten-year. just before i give you back to carl, i wanted to hand yo
looks like we have a deal on banking union. the ecb will supervise all banks presumably in the euro zone. that means the ecb will be able to directly tap into those bailout funds and recapitalize the banks, plugging in across the euro zone. this is hugely important in building those firewalls against contagion. the result of the stock market is that you continue to get gains. the top 50 blue chips in europe is the white line. the dow jones industrial average is the yellow. this is a chart since...
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Dec 4, 2012
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investors say if we move toward a banking union, you can't have any kind of economic without a bank union. how much does that matter? >> for investors today, probably not a whole lot. he's broader long term questions about what the eurozone is going to look like, what is going to be the balance going to be, we have to have vote, treaties, and it's difficult -- >> doesn't matter in the short term 245 ththat they don't let w up? >> you think if you hold it for five years do you still get something back. >> there are a lot of analysts saying european equities will outperform u.s. equities. when you look at the rapid growth rates, is that just because they're undervalued? what is it? do you agree with it? if not, why not? >> sure. as a region, it's actually not undervalued. it's average right now. there was a discount. there has been times over the last year that's gone. europe has done reasonably well, u.s. is off, so now we're equal on valuation. but that doesn't mean that within sectors there is not very undervalued regions. italy for example is still very clean. so it depends. >> other ne
investors say if we move toward a banking union, you can't have any kind of economic without a bank union. how much does that matter? >> for investors today, probably not a whole lot. he's broader long term questions about what the eurozone is going to look like, what is going to be the balance going to be, we have to have vote, treaties, and it's difficult -- >> doesn't matter in the short term 245 ththat they don't let w up? >> you think if you hold it for five years do you...
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shippers and the union agreed to federal mediation on tuesday. the clerks have been working without a contract for two years. the strike shut down ten of the port's 14 terminals, backing up several ships waiting to off load their cargo. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll have the very latest from cairo when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> a recap of the headlines. the fiscal fight rages on in washington as republicans try to fend off an internal divide. shanghai stocks jump after china's government plengs to support pro-growth economic reforms. chancellor osborne preparing to deliver his autumn statement. thousands of egyptians are still camp
shippers and the union agreed to federal mediation on tuesday. the clerks have been working without a contract for two years. the strike shut down ten of the port's 14 terminals, backing up several ships waiting to off load their cargo. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll have the very latest from cairo when we come back. can i help you? i heard you guys can ship ground for...
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Dec 11, 2012
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that is union supporters, right to work, tractors, if you will. off to the other side, we're basically surrounded by them as well. they have been trying to get into the governor's office. there have been some arrests here as we watch this crowd gather. some people taken away in handcuffs. right now trying to calm the situation. >> outside the governor's office in lansing. mandy. >> 68%, that is the number of respondents in a new well fargo gallup survey that have little to no confidence in the stock market as a place to invest for their retirement. what are they doing with money? let's bring in, director, great to have you with us. joe, where are they putting their money? where do they think is a good place for retirement? >> lots of uncertainty. clearly they are focused on the deficit, divided government, unemployment, global economy. so people have taken a lot of risk off the table. what we advise is invest for the long-term. have plan, invest for the long terp. you'll have ebbs and flows in the market. >> 68% of responders say the stock market
that is union supporters, right to work, tractors, if you will. off to the other side, we're basically surrounded by them as well. they have been trying to get into the governor's office. there have been some arrests here as we watch this crowd gather. some people taken away in handcuffs. right now trying to calm the situation. >> outside the governor's office in lansing. mandy. >> 68%, that is the number of respondents in a new well fargo gallup survey that have little to no...
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and it consists of a spanish program, about anning union, fiscal union, political union, but the absence of the market pressure is causing all of those things to be delayed and watered down. that's really what's going on. we have solved nothing. we have kicked the can. that's worth a lot, actually. that's why the markets are stabilizing. so it's a better situation than it was, but it's not solved, right? nothing has been resolved yet. >> that pretty much sums up the year. i have a feeling we'll sum up 2013, as well. straight ahead, we are going to get third quarter gdp figures out from the uk. we'll bring you those figures as soon as we're back. don't go anywhere. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express ber 22nd for christmas delivery. >>> welcome back to "worldwide exchange." a setback for negotiations between congress and the white house as house speaker john boehner's plan b fails with just ten days until the fiscal
and it consists of a spanish program, about anning union, fiscal union, political union, but the absence of the market pressure is causing all of those things to be delayed and watered down. that's really what's going on. we have solved nothing. we have kicked the can. that's worth a lot, actually. that's why the markets are stabilizing. so it's a better situation than it was, but it's not solved, right? nothing has been resolved yet. >> that pretty much sums up the year. i have a feeling...
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Dec 18, 2012
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55 nations might have already walked out on this but the union is still going to be active. so what can listeners and viewers do to send a message to stand firm on this issue, sir? >> yep. so you've got exactly the right message. the positive outcome of this treaty is we've gotten very explicit about the importance of internet freedom from a commercial standpoint, from a free speech standpoint. we've been very clear. there are a lot of other nations with us on that. this is going to be a discussion that will have to continue. this treaty does not go into effect until 2015. all of the nations that do not sign like us are not bound by this treaty. we go back to 1988. the ones that do sign this do not have an enforcement mechanism. so the bigger issue here is that we have to keep advancing this dialogue about the risks to the internet. we need to keep advancing the importance of broadband deployment and through that process i'm confident that people will see the benefit of the internet and economies and citizens will see the benefit. >> we're going to have to leave it there. we
55 nations might have already walked out on this but the union is still going to be active. so what can listeners and viewers do to send a message to stand firm on this issue, sir? >> yep. so you've got exactly the right message. the positive outcome of this treaty is we've gotten very explicit about the importance of internet freedom from a commercial standpoint, from a free speech standpoint. we've been very clear. there are a lot of other nations with us on that. this is going to be a...
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you've seen the unions come out and say they don't want to see any changes at all that would hurt payoffs to beneficiaries in terms of health care. that would be one of the sticking points between republicans and democrats. we would have to see more detail from boehner's office and how they plan to get to the number of $600 billion. >> broadly speaking, these numbers are similar to where they left it on the table last year during those failed negotiations for the grand bargain. these numbers are similar to the simpson/bowles reduction plan, too, aren't they? >> that's right. this sounds a lot more like where they were in the summer of 2011, as you point out, than what the president talked about last week. >> so essentially the republicans are -- the republicans are coming back with what -- where they left it last year and the president has offered what he had been saying all through the campaign this year. they're starting with this very same numbers they've been talking about all this time? >> yeah, that's exactly right. clearly what the republicans are saying is, we're willing to go thi
you've seen the unions come out and say they don't want to see any changes at all that would hurt payoffs to beneficiaries in terms of health care. that would be one of the sticking points between republicans and democrats. we would have to see more detail from boehner's office and how they plan to get to the number of $600 billion. >> broadly speaking, these numbers are similar to where they left it on the table last year during those failed negotiations for the grand bargain. these...
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a union at last. the eu finance ministers hand the ecb the power to supervisor more than 150 banks following another late nightmare thon session in brussels. the euro bounces on the news, but stocks in europe trade lower as ben bernanke warns monetary policy may not be enough to offset the damage if the u.s. goes over the fiscal cliff. >>> and the u.s. takes another surprising step tying interest rates to the u.s. unemployment rate. >>> plus, investors chairing danone plan to save $2 million over the next two years as they try to offset a slump in southern europe. >>> straight ahead on the program, moody's says not to worry about political instability in italy. our next guest disagrees. should markets expect the repricing of risk next year? [s >>> welcome back to "worldwide exchange." we're checking on trade now. european markets for the most part dripping lower. ftse 100, cac 40 down less than .2%. xetra dax down more than 0.4%. double digit gains for the other major bourses, as well. we've seen gain
a union at last. the eu finance ministers hand the ecb the power to supervisor more than 150 banks following another late nightmare thon session in brussels. the euro bounces on the news, but stocks in europe trade lower as ben bernanke warns monetary policy may not be enough to offset the damage if the u.s. goes over the fiscal cliff. >>> and the u.s. takes another surprising step tying interest rates to the u.s. unemployment rate. >>> plus, investors chairing danone plan to...
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Dec 20, 2012
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bond holders with the union retiree claims -- >> the subordinated dead holders were even with who did you say? >> parapasu. >> parapasu? >> that's so rich. >> what are the calories? >> tiramisu? >> parapasu. >> i don't need that. >> but then that deal was improved. >> when would you have sold if you were in charge? >> so, if you were purely a financial investor you wouldn't have sold yet. look for the full rebound of the auto industry and great visibility in the economy. and of course the government wanted to get out much sooner than that. and so that was the balance of treasuries and striking ever since 2009. i think that the -- i think gm a year ago i was on. i said gm was dirt cheap. stock's up 38% since then. i still think it's really cheap. so i think you see a stock somewhere between the mid 30s. that would have been a time. >> they still got 15 months to sell, right? they got a little optionality in the time. you think it's going to run? >> this announcement unto itself creates an overhang. i think the overhang's been there since day one. >> but if you know it's coming off. >>
bond holders with the union retiree claims -- >> the subordinated dead holders were even with who did you say? >> parapasu. >> parapasu? >> that's so rich. >> what are the calories? >> tiramisu? >> parapasu. >> i don't need that. >> but then that deal was improved. >> when would you have sold if you were in charge? >> so, if you were purely a financial investor you wouldn't have sold yet. look for the full rebound of the auto...
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Dec 10, 2012
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even the former soviet union russia got rid of their death tax. countries around the world figure out it makes no sense to tax and tax and tax again. get rid of it. >> actually 28 out of 34 of the oecd advanced economy countries have either a wealth tax or estate tax. so factual error number one. number two, you're absolutely right. if you were to completely abolish this which nobody is talked about except dan mitchell, i guess. you'd be talking about something like half a trillion dollars of revenue lost over the next ten years. where you're going to get that from? you're going to get that from programs that help lower income people or the middle class themselves. now you're talking about literally a transfer from the top .2%. not 2%. but this tax only hits the two in 1,000 most wealthy estated. .2%. and that's because of the exemptions we were talking about. currently $5 million for an individual, $10 million for a couple. this is a rare atmosphere up there. it would be a huge hit to the deficit. >> jared, it's not your money. it's not the gover
even the former soviet union russia got rid of their death tax. countries around the world figure out it makes no sense to tax and tax and tax again. get rid of it. >> actually 28 out of 34 of the oecd advanced economy countries have either a wealth tax or estate tax. so factual error number one. number two, you're absolutely right. if you were to completely abolish this which nobody is talked about except dan mitchell, i guess. you'd be talking about something like half a trillion...
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we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. group's founder it is not the fiscal cliff that's the biggest threat tho the markets right now. it's the overwhelming amount of speculation. >> he says it's crowding out long-term investment and doing damage not just to the economy and the markets but to society as a whole. he joins us now. we're always pleased to welcome back into this cnbc exclusive to talk about it, mr. jack bogle. the founder of the vanguard group, author, all those good things out there. welcome back, my friend. >> thank you, bill. thank you very much. and hi, mandy. >> hi there. >> speculation. let's talk about that and the ro
we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. group's founder it is not the fiscal...
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Dec 17, 2012
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the european union and at least 14 other countries have banned some phthalates in children's toys. in this country, california put into effect a total ban on the use of phthalates in toys intended for children under the age of 3. and on the national level, the environmental protection agency is working on new rules regarding phthalates that they hope to issue sometime in 2011 with the actual changes becoming law in 2012. among the possible modifications is a total ban on certain phthalates. in our next story, we'll discover why part of what makes you unique may actually belong to someone else, when 60 minutes on cnbc returns. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to v
the european union and at least 14 other countries have banned some phthalates in children's toys. in this country, california put into effect a total ban on the use of phthalates in toys intended for children under the age of 3. and on the national level, the environmental protection agency is working on new rules regarding phthalates that they hope to issue sometime in 2011 with the actual changes becoming law in 2012. among the possible modifications is a total ban on certain phthalates. in...
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Dec 6, 2012
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we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. >>> welcome back, everybody. we've been watching the futures, they are mixed, dow slightly higher but you can also see futures are lower for the s&p and the nasdaq. in our headlines apple and samsung are back in court in a high profile patent case. samsung is seeking to overturn an august verdict that found it guilty of infringing patents and ordered it to pay apple $1 billion. apple is seeking $500 million more. >>> sales of homes in the middle of foreclosure process were up 22% in the third quarter compared to a year earlier. realty track says a third were short sales where a lender agrees to acce
we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. >>> welcome back, everybody....
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Dec 13, 2012
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the unions favor a merger with us airways that would turn management over to that airline's executives. we talked a lot about that. the u.s. home reowe potions rose to a nine-month high in november. that's according to a new figure from realty track even as the number of homes entering foreclosure process are at a six-year low. >> it did not escape all of our viewers that we were going to dance on break and then we came back with a bunch of deliverance music. that was for -- the dueling guest hosts. we already headed for dueling guest hosts. it was preproduced. and then we happened to serendipitously say we were going to do the tango on break. >> i was pushing for the fox trot. >> why can't apart? anyway "the wall street journal" says that barclays plans to eliminate as many as 2,000 jobs in its investment bank as part of the restructuring plan. the cuts are exexpected to be announced last year. barclays would be the latest to make such a deal. and we're going to go to what we asked for. >> we talked about -- >> now we have the chance to talk to many big deems at the conference yesterd
the unions favor a merger with us airways that would turn management over to that airline's executives. we talked a lot about that. the u.s. home reowe potions rose to a nine-month high in november. that's according to a new figure from realty track even as the number of homes entering foreclosure process are at a six-year low. >> it did not escape all of our viewers that we were going to dance on break and then we came back with a bunch of deliverance music. that was for -- the dueling...
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Dec 11, 2012
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now the labor contract has been ratified by all the american airlines unions. at least that's what it's saying now and a big discussion about whether it should have done these deal long ago during the turn use lens over the problems that they've had in the past couple of months. >>> a few stocks to watch here, urban outfitters getting a pop in after hours trading. the retailer said sales are doing well in the current quarter. big move up. >> you see, this kills me that we can't figure this out. you can see that it's not -- i guess we haven't figured it out yet. it's not up at 37, it's not up at 39.5. >> it's a flaw. >> shares of limited brands also rising late yesterday. and a specialty retailer announcing its board has approved a special dividend of $3 a share to be paid ahead of possible changes in tax rates. we'll fix this, we will. and then there's -- i could ignore it, but i think it's better people at home might -- they need to know that it's above that. and then there's hertz. the shares fell after the company said its three biggest stockholders are sell
now the labor contract has been ratified by all the american airlines unions. at least that's what it's saying now and a big discussion about whether it should have done these deal long ago during the turn use lens over the problems that they've had in the past couple of months. >>> a few stocks to watch here, urban outfitters getting a pop in after hours trading. the retailer said sales are doing well in the current quarter. big move up. >> you see, this kills me that we can't...
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Dec 20, 2012
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the union's got a pretty sweet deal, no? >> it definitely get another deal and they are very upset about it because they thought that was the letter of the law. and you can't go back and relitigate things and the people at general motors will say, listen, what's done is done. we didn't come in there and say the senior bond holders, they don't get as nice of a deal as somebody else. there are people, though, who are still upset about it. no doubt. >> phil has mentioned -- it's not like gm is out of the wood. do you expect this to be a vibrant, very successful company with great frocked? >> i think the u.s. market is starting to look more like europe in terms of how market share is -- before they were big pieces and now everybody is more equally divided. >> maybe it's not just about the u.s. they make a lot of money other places, right, phil? >> they do. china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into
the union's got a pretty sweet deal, no? >> it definitely get another deal and they are very upset about it because they thought that was the letter of the law. and you can't go back and relitigate things and the people at general motors will say, listen, what's done is done. we didn't come in there and say the senior bond holders, they don't get as nice of a deal as somebody else. there are people, though, who are still upset about it. no doubt. >> phil has mentioned -- it's not...
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Dec 27, 2012
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eu leaders recently agreed on a european banking union could would make the ecb the single supervisors for european banks. stephane pedrazzi caught up with the former president of the ecb, jean-claude trichet and asked if he was happy with the plan. i think as you'll remember, it was decided because after a certain moment, the idea that the fund could directly recapitalize the banks appears to be in a proper tool to have in the management crisis. there has been a reverse feedback loop. so, of course, if you decide to capitalize directly, you have to survey from the center and now at the national level. i think the decision which has been taken is good one. and, of course, this will be made at the level of the ecb, taking into account that the ecb is a federal institution and that it would be decentralized also. but it's very important that the decision, the ultimate decision is for all the systemic banks is taken centrally. of course, it's work in progress. you have to have a resolution mechanism that would be workable and convincing and there are other elements including perhaps when
eu leaders recently agreed on a european banking union could would make the ecb the single supervisors for european banks. stephane pedrazzi caught up with the former president of the ecb, jean-claude trichet and asked if he was happy with the plan. i think as you'll remember, it was decided because after a certain moment, the idea that the fund could directly recapitalize the banks appears to be in a proper tool to have in the management crisis. there has been a reverse feedback loop. so, of...
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Dec 27, 2012
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. >> a lot of other issues as well because this is of course, a union issue. there for example the strength of the unions and at what point does it make the u.s. less competitive than some other port thought? what point do we need reform those structures to become more competitive and preserve the jobs? >> some trouble at northwestern ports, we just had the clerical workers in california. that was a near miss. something about labor disnews is the port. >> we try to move more energy outside of the u.s. to asia in particular, getting those contracts in place will be more important. but that is a ten year timeframe. >>> not-so-good news for nokia, a month after the launching in the u.s., cell phones are offered at steep discounts or free on u.s. carriers or amazon. nokia is betting heavily on that phone which runs microsoft's windows 8 system. it launched in november with at&t for $99. another version of the phone also available force 99 at verizon. some discussion, dennis, this is just how things work. >> i don't think that's how things work. if you buy an iphon
. >> a lot of other issues as well because this is of course, a union issue. there for example the strength of the unions and at what point does it make the u.s. less competitive than some other port thought? what point do we need reform those structures to become more competitive and preserve the jobs? >> some trouble at northwestern ports, we just had the clerical workers in california. that was a near miss. something about labor disnews is the port. >> we try to move more...
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Dec 3, 2012
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cargo airlines, china, korean air and the union is striking to make sure that jobs performed by union workers stay union jobs after these workers retire. management says they don't want to do that. they call it featherbedding and claim they offered compensation packages for senior employees worth $109,000. time off for most senior people for 11 weeks and guaranteed job security. i'm hold ttold the average sala $85,000 for the clerical workers and the mayor is enraged and wants negotiations to continue around the clock until this thing is settled. back to you. >> jane, thank you very much. >>> in the meantime, do you remember the guy that said that growth in the united states would be half a percent higher due to the launch of iphone 5. now he's revising down q-4 predictions. he'll be with us next on cnbc. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. ge
cargo airlines, china, korean air and the union is striking to make sure that jobs performed by union workers stay union jobs after these workers retire. management says they don't want to do that. they call it featherbedding and claim they offered compensation packages for senior employees worth $109,000. time off for most senior people for 11 weeks and guaranteed job security. i'm hold ttold the average sala $85,000 for the clerical workers and the mayor is enraged and wants negotiations to...
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Dec 11, 2012
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that prohibits unions from compelling members to be members and pay dues. security was tight. police in rite gear and carrying spray canisters on their belts. >>> what happens to the u.s. economy if we do go over the cliff? >>> the government cashes out of aig. what's next for the company and for the ceo? but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#:
that prohibits unions from compelling members to be members and pay dues. security was tight. police in rite gear and carrying spray canisters on their belts. >>> what happens to the u.s. economy if we do go over the cliff? >>> the government cashes out of aig. what's next for the company and for the ceo? but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a...
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Dec 18, 2012
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we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. >>> all right. before we get to street talk, the dow is higher, has come down in the last few minutes. how come? harry reid spoke in d.c. senator reid didn't really say much. market hanging on every word of this fiscal cliff. we need cliffy the paper clip. let's go to what senator reid may or may not have said eamon. >> at a press conference he does every week, he came out and accused republicans of walking away from negotiations here. i asked him, republicans are saying they are not walking away from negotiations, they are just setting up plan b. he looked me in the eye and said if that's not walki
we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. >>> all right. before we get...
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Dec 19, 2012
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union would have to run a surplus, given its poor demographics over the next couple of years. now let's get a quick preview of the news. for that we head to patricia, awaiting the results. what do we expect to see? >> reporter: we're expecting the second consecutive month to the upside for the business sentiment next year in germany. november was a surprise after six months to the downside. we expect december to book in a little increase again, but important is here, not only the expectation part of the index but also that we get a little more oomph as to say from the current conditions. and that is going to be the big part of the numbers. we are just starting to see it. business climate index in december is out, and it rises. here we have business climate index 102.4 in december versus an expectation of 102. slightly better unanimous expected. here the current conditions, 107.7. the consensus was 1.8. that is slightly lower than expectations when it comes with the current conditions. here the expectation side of the index is 97.9. reuters was pointing to 96.2, so better than
union would have to run a surplus, given its poor demographics over the next couple of years. now let's get a quick preview of the news. for that we head to patricia, awaiting the results. what do we expect to see? >> reporter: we're expecting the second consecutive month to the upside for the business sentiment next year in germany. november was a surprise after six months to the downside. we expect december to book in a little increase again, but important is here, not only the...
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Dec 3, 2012
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north korea says it's found a union core. the state run news agency says that kim jong-il shot is 11 holes in one in a single game of golf says the dwelling was once inhabited by the mythical creatures. the global community says it's just a dog and pony show. north koreans maintain they're not -- >> i used to have that trapper keeper in junior high, the purple one. full disclosure. >> you just admitted that to a lot of people. >> they also said he was the sexiest man in the world. so maybe unicorns do exist. >>> next, how do you know when it's time to let a losing stock go? our traders tell us if you should trade in the towel on two popular stocks when we come back. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid
north korea says it's found a union core. the state run news agency says that kim jong-il shot is 11 holes in one in a single game of golf says the dwelling was once inhabited by the mythical creatures. the global community says it's just a dog and pony show. north koreans maintain they're not -- >> i used to have that trapper keeper in junior high, the purple one. full disclosure. >> you just admitted that to a lot of people. >> they also said he was the sexiest man in the...
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Dec 14, 2012
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the cathay pacific's union say they could soon hold off to pags out food, booze. the union says smiling would give a false impression of how employees are treated. >>> still ahead on the program, president obama and house speaker john boehner and another round of fiscal talks with very little to show for it. but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. hipping at fedex office. >>> welcome to "worldwide exchange." i'm kelly evans. these are your headlines from around the world. president obama and house speaker john boehner meet head to head at the white house as they try to resolve budget talks and avoid the fiscal cliff. >>> shanghai gains are highest in more than three years. flash data suggests domestic demand is strong enough to improve growth. japan's business sentiment sours for the third quarter. this comes just days before an election that polls suggest will hand the ldp opposition a landslide win. >>> first, we have a couple of data points to bring
the cathay pacific's union say they could soon hold off to pags out food, booze. the union says smiling would give a false impression of how employees are treated. >>> still ahead on the program, president obama and house speaker john boehner and another round of fiscal talks with very little to show for it. but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. hipping at fedex office....
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Dec 10, 2012
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also european union leaders gathering in oslo, norway, this morning to receive the nobel peace prize. the nobel committee is awarding the prize to the european union for fostering peace on a continent ravaged by war. >>> spanish language media company telemundo is celebrating its 25th anniversary this year. the company is ringing the bell at the nasdaq this morning. joining us right now acceptle yae romano. he is president of telemundo media which is owned by our parent cop comcast. emilio, thank you for joining us this morning. >> pleasure. >> part of the things that you're doing this morning is unveiling a new logo. getting away from the "t" but also a celebration of the growth of the company. >> that's exactly right. we're reflecting what our viewers have said to us about the duality of being hispanic and being in the u.s. so our new bold and very good brand that shows the duality that they live here in the u.s. is going to be the new way we're going to present telemundo. we're doing that having the best year ever. our ratings have been the highest ever from 11 to 12 and year-end a
also european union leaders gathering in oslo, norway, this morning to receive the nobel peace prize. the nobel committee is awarding the prize to the european union for fostering peace on a continent ravaged by war. >>> spanish language media company telemundo is celebrating its 25th anniversary this year. the company is ringing the bell at the nasdaq this morning. joining us right now acceptle yae romano. he is president of telemundo media which is owned by our parent cop comcast....
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Dec 5, 2012
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. >>> and the european union has fined tv and computer monitor makers about $2 billion saying those companies fixed monitor tube prices for a decade which ended in 2006 talking about companies like philips, lg, and panasonic among the companies fined. philips, which was assessed the biggest chunk of the penalty says it will appeal the ruling. >>> and mortgage applications rose 4.5% last week according to new figures from the mortgage bankers association. most of the increase was accounted for by a rise in refinancing activity. >>> all right. the dollar hitting a six-week low on uncertainty about whether a budget deal would be reached. meantime, oil continues to trade below $90 a barrel. joining us this morning, chief market strategist at worldwide markets. also kevin book who is managing director at clear view energy partners. and joe, let's start off talking about the dollar. i can't make heads or tails of why the dollar is under so much pressure. i know things are bad here, we're worried about the fiscal cliff. but look at what's happening in europe and it doesn't really create a whole lot
. >>> and the european union has fined tv and computer monitor makers about $2 billion saying those companies fixed monitor tube prices for a decade which ended in 2006 talking about companies like philips, lg, and panasonic among the companies fined. philips, which was assessed the biggest chunk of the penalty says it will appeal the ruling. >>> and mortgage applications rose 4.5% last week according to new figures from the mortgage bankers association. most of the increase...
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Dec 27, 2012
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terms that the dock workers union say are sub standard. but both sides have left the door open to further negotiations. and the treasury department says it's going to hit the government's borrowing limit this monday. adding another complicating factor to the ongoing fiscal cliff negotiations. emergency accounting measures can give the government between six and eight weeks of additional time. >>> president obama winging his way back to washington today, with the fiscal cliff deadline looming. cnbc's eamon javers joins us now with more. with the capital building as a backdrop. all i'm thinking about is the game sunday night. and when i think about washington. but there are other things happening, right, eamon? >> there's a lot of back to town stuff going on here in washington today, joe. we've got the president coming back. he abbreviated his holiday in hawaii. the senate is coming back. the house of representatives meanwhile is going to hold a conference call for all republicans later on today. but it's not clear that all these folks, incl
terms that the dock workers union say are sub standard. but both sides have left the door open to further negotiations. and the treasury department says it's going to hit the government's borrowing limit this monday. adding another complicating factor to the ongoing fiscal cliff negotiations. emergency accounting measures can give the government between six and eight weeks of additional time. >>> president obama winging his way back to washington today, with the fiscal cliff deadline...
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Dec 11, 2012
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. >>> and as many as 10,000 union workers for michigan and the u.s. are expected to protest at the state's capital building today over a proposed right to work bill. this would prohibit consumers to pay more. governor rick snyder says he'll sign it. michigan will become the 24th u.s. right to work staid state. >>> and cnbc is taking to washington today as we send becky quick, larry kudlow and jim cramim cramer to the white . they'll be leading off with a special mission critical rise above d.c. report. it's part tax. read, becky? >> like you said, we are occupying washington. this is where we've camped out all night. there's been all this talk about the fiscal cliff. we know it is fact approaching. we know it is something that would threaten not only the united states economy, but the economies around the globe. if we go over that cliff, there will be steep cuts and spending and steep tax increases that would automatically kick in. what we're doing here today is talking to our elected officials, talking to people who are involved in these talks, tryin
. >>> and as many as 10,000 union workers for michigan and the u.s. are expected to protest at the state's capital building today over a proposed right to work bill. this would prohibit consumers to pay more. governor rick snyder says he'll sign it. michigan will become the 24th u.s. right to work staid state. >>> and cnbc is taking to washington today as we send becky quick, larry kudlow and jim cramim cramer to the white . they'll be leading off with a special mission...
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Dec 14, 2012
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it is ironic in a year when so many people called for a breakup the european union this summit, poland actually said we'd like to start off applications to become the 18th member of the eurozone. that will play out during the course of next year. as far as the stock markets are concerned, today is relatively flat overall. no follow through from china which i mentioned earlier. i thought it was very interesting. here you go. >> the european markets are closing now. >> some are red. some are green. if you check the data you'll see we haven't really moved at all today. china was up 4%. shanghai was up 4% overnight. normally you would expect the australian miners, global miners listed in london to bounce on that. they didn't very much today. and that is partly because it is a suspect view of what happened in china today that perhaps the state backed institutions were buying stocks to artificially boost the picture there. however, europe overall top 50 blue chips are at their highs for the year as you can see. a gain of 13.5%. i wanted to make one point. a comparison between europe and the
it is ironic in a year when so many people called for a breakup the european union this summit, poland actually said we'd like to start off applications to become the 18th member of the eurozone. that will play out during the course of next year. as far as the stock markets are concerned, today is relatively flat overall. no follow through from china which i mentioned earlier. i thought it was very interesting. here you go. >> the european markets are closing now. >> some are red....
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Dec 28, 2012
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i have to do a lot of negotiations with my unions. they just need to get back together and work this out. the crux of the matter is on royalty payments that were put in decades ago to soften the blow of moving to automated containerized ar ccargo. it's certainly time to move forward to a new agreement. you can't just cling to the past forever, but both sides are going to have to give and move this forward. this is bad for the u.s. economy. and it will have ripple effects around the world. >> mayor parker, thank you for your time. >> we're down 83 on the dow. let's get a market flash back at hq. brian? >> simon, some pending home sales came in high. in fact, the highest level in two and a half years. but look at that board, four out of the five home builders i'm showing you are actually down right now. this could be an interesting indication that the market has already predicted or priced in some of these gains in pending home sales, right? the number is not moving these stocks. many of these names, guys, as you know, have doubled or e
i have to do a lot of negotiations with my unions. they just need to get back together and work this out. the crux of the matter is on royalty payments that were put in decades ago to soften the blow of moving to automated containerized ar ccargo. it's certainly time to move forward to a new agreement. you can't just cling to the past forever, but both sides are going to have to give and move this forward. this is bad for the u.s. economy. and it will have ripple effects around the world....
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Dec 17, 2012
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the south american union faces ejection from the imf for allegedly cooking its books about the innation rate. we'll head out to europe where the swiss banking giants could be facing $1.6 billion over libor rate rigging allegations. >> and we'll be on the floor in beijing where china's leaders just wrapped up a major conference. >>> and japan's prime minister election is calling on the bank of japan to heed the call of the masses. abe is beating the heat on the boj just one day after his party's huge win and two days after the bank's next rate setting meeting. kaori enjoji has the latest for us. how much of a game changer is all this? >> this is a serious game changer. it's a comeback for the dlp and shinzo abe. he has made it clear that the economy and economic recovery is going to be one of the pillars and hallmarks of his second time in office and he's wasting no time in piling on pressure on to the bank of japan who holds, of course, their two-day policy board meeting later on this week. here is what he had to say. >> i have constantly stressed our desire to present a policy accord i
the south american union faces ejection from the imf for allegedly cooking its books about the innation rate. we'll head out to europe where the swiss banking giants could be facing $1.6 billion over libor rate rigging allegations. >> and we'll be on the floor in beijing where china's leaders just wrapped up a major conference. >>> and japan's prime minister election is calling on the bank of japan to heed the call of the masses. abe is beating the heat on the boj just one day...
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Dec 28, 2012
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the biggest shipping point is over container royalties which are paid to union workers based on cargo weight. a strike could hurt u.s. exports, factories and affect retailers waiting for shipments of spring merchandise. >> noise of flights have been canceled in the u.s. northeast as a powerful winter storm has brought heavy snow and winds across the region. over a dozen people have reportedly been killed as a result of the storm. joining us now for more from the weather channel is reynolds wolf. he is a meteorologist. reynolds, what can you tell us about this storm? and just how much more people might need to brace for? >> well, i've got some very good news for you, some bad news. the good news that we have for su that storm system is dying out. that's the good news. so there's very little left, maybe some residual snow showers in parts of the northeast. the bad news, we see a secondary storm forming behind that one to produce widespread delays. we could expect delays in places like memphis, new orleans and nashville. in new york, not so much in terms of sky conditions that will troub
the biggest shipping point is over container royalties which are paid to union workers based on cargo weight. a strike could hurt u.s. exports, factories and affect retailers waiting for shipments of spring merchandise. >> noise of flights have been canceled in the u.s. northeast as a powerful winter storm has brought heavy snow and winds across the region. over a dozen people have reportedly been killed as a result of the storm. joining us now for more from the weather channel is...
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Dec 24, 2012
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reportedly the unions offered to extend the contract through january was rejected. if there's a strike, the union says clothing, frozen foods and household goods would not move. but mail, military cargo and some perishables may go through. the last time we had an east coast strike like this, 1977. i did call the union's main office this morning. they are closed for the holidays. and on their website, a little bit of foreboding, there's a big fat link on the upper right side that says strike preparations. melissa, back to you. >> brian, as we've seen with other strikes, of course, theoretically shifts can go into other ports maybe in mexico and goods can move up by rail or truck. >> yes. but it does complicate the supply chain. there is obviously some distribution issues. but yes, there are ways around it. it just complicates it and costly. >> brian shactman, thank you. as congressional leaders still struggle to reach a deal ahead of the fiscal cliff, let's look at how the municipal bond sector could be affected. chris, great to see you. >> great to see you. thank yo
reportedly the unions offered to extend the contract through january was rejected. if there's a strike, the union says clothing, frozen foods and household goods would not move. but mail, military cargo and some perishables may go through. the last time we had an east coast strike like this, 1977. i did call the union's main office this morning. they are closed for the holidays. and on their website, a little bit of foreboding, there's a big fat link on the upper right side that says strike...
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Dec 21, 2012
12/12
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and a newly formed union. >> so what's the goal? how much are we going to lose? >> i think i could, if i'm effective enough i could lose about 50 pounds. that's what i'd like to do. >> now e-diets bring you food to your home? how does it work? >> you have to understand. like there's a misconception. being overweight is often associated with overeating. but sometimes, you know, it can come from not eating enough. so that's why you need to eat the proper portion throughout the day. so you have to schedule your eating the same day you schedule itinerary and how you go about your day-to-day base. >> i'm assuming hard for you, though, as a musician who is on the road all the time. >> you're absolutely right. it's very hard to remain consistent doing what i do for a living. the e-diets is making it more convenient for me. >> here's a business question for you. relates to the music business, is there money still in recording albums, even with the digital, and everything else? because it seems to me that those who have become the most successful, i think about people lik
and a newly formed union. >> so what's the goal? how much are we going to lose? >> i think i could, if i'm effective enough i could lose about 50 pounds. that's what i'd like to do. >> now e-diets bring you food to your home? how does it work? >> you have to understand. like there's a misconception. being overweight is often associated with overeating. but sometimes, you know, it can come from not eating enough. so that's why you need to eat the proper portion throughout...
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Dec 10, 2012
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well i guess they win in terms of underfunded liabilities, crummy credit ratings, negotiations with unions always seem to go a certain way. but there is something our next guest from chicago magazine found that chicago won hands down, and when you come back in about five to ten minutes i'll tell you what it is. this accidet with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the internet that isn't true. where did you hear that? [ both ] the internet. oh look. here comes my date. i met him on the internet. he's a french model. uh, bonjour. [ male announcer ] state farm. more mobile than ever. get to a better state. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of
well i guess they win in terms of underfunded liabilities, crummy credit ratings, negotiations with unions always seem to go a certain way. but there is something our next guest from chicago magazine found that chicago won hands down, and when you come back in about five to ten minutes i'll tell you what it is. this accidet with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that?...
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Dec 4, 2012
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they sent the message that the unions are going to continue to control the process out there. they defeated proposition 32. they passed proposition 30 which was the increase in their taxes. so, california businessmen and women are looking at their bottom line saying, where are we going to go? other places? >> governor, is it too much of a leap to say when we do this at the federal level they leave the country, bilss can eventually leave the country. >> sure. >> but we can't seem to make the leap to say that. and i'm talking about the fiscal cliff now. i wonder if you were at 25% of gdp, if the government had grown to this size where it is right now and you were trying to figure out how to deal with it and you were in charge, would it be all about -- would the first thing you come up with be raising taxes? would not -- wouldn't you address the spending -- wouldn't you address the spending side of -- >> right. >> -- and, you know, the republicans are trying to criticize the obama proposals by saying you're not cutting spending, you're not coming to us on entitlements, but it's f
they sent the message that the unions are going to continue to control the process out there. they defeated proposition 32. they passed proposition 30 which was the increase in their taxes. so, california businessmen and women are looking at their bottom line saying, where are we going to go? other places? >> governor, is it too much of a leap to say when we do this at the federal level they leave the country, bilss can eventually leave the country. >> sure. >> but we can't...
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Dec 13, 2012
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a number of trades also on western union, at&t and kroger also canceled below certain levels. but trades on ibm, lucadia, hess and salesforce.com will stand. back to you. >> all right, bertha, thanks for getting down to the bottom of that. got a lot of e-mails this morning about these trades. our thanks, of course, to joe. who joins us here on set from deutsche bank. >>> speaker 69 house john boehner set . >>> speaker of the house john boehner set to take the podium after this break. >>> meantime, take a look at this ipo. it just opened for trade. it is higher now by 18%, priced at 8 which is much lower than its expected range but trading right now at $9.50. >> it was the expected rate, as we said, more on solar city and more from john boehner after the break. by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado
a number of trades also on western union, at&t and kroger also canceled below certain levels. but trades on ibm, lucadia, hess and salesforce.com will stand. back to you. >> all right, bertha, thanks for getting down to the bottom of that. got a lot of e-mails this morning about these trades. our thanks, of course, to joe. who joins us here on set from deutsche bank. >>> speaker 69 house john boehner set . >>> speaker of the house john boehner set to take the podium...
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Dec 19, 2012
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one good bit of news as we head towards the holiday next week, every state in the union now has gas below $4 a gallon on average. it's been a long time since we've seen that. back to you. >> that is something else. thank you so much, bertha. bertha coombs covering the complex for us. "time" magazine unveiling person of the year, and the winner is -- the newly reelected barack obama. we'll check in on some of the contenders for the title, how they reach their decision over at the book. the international editor for "time" magazine joins us from new york. good morning to you. >> good morning. >> you're the international editor because they just named morsi as a contender. why the president? >> well, we elected the president because we thought ultimately this election was even more consequential than 2008. the 2008 election was really about hope and change and the historical place of barack obama. this is actually a verification, and an ensconcement. he won this election very conclusively. demographics not only in his favor, but he successfully exploited them. he got people to vote who usuall
one good bit of news as we head towards the holiday next week, every state in the union now has gas below $4 a gallon on average. it's been a long time since we've seen that. back to you. >> that is something else. thank you so much, bertha. bertha coombs covering the complex for us. "time" magazine unveiling person of the year, and the winner is -- the newly reelected barack obama. we'll check in on some of the contenders for the title, how they reach their decision over at the...
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Dec 14, 2012
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and unions have some pretty good lobbyists, too, don't they? >> yeah, they got tons of them. and we all get to have voice. we are in a democracy. but, i would also say, and i would also say to andrew's question, that you know, we're in the thick of this whole fiscal cliff discussion. i mean, because it does impact every company. it is as important as any single program or advocacy that boeing has. far more important. >> so you would urge both sides to do simpson-bowles, then? would you urge that because the fiscal cliff, we get over that. if we just delayed things or did some patchwork so that we get through that period, everything else is still just the way it was before that. >> we're not advocating for a specific solution. we're advocating for a fiscally responsible solution that recognizes the political reality that revenues are going to be part of it. but costs need to be a multiple of that. and it's -- it is something we've got to get done and whether the shape is simpson-bowles, whether the shape is something else, there has to be a fiscally responsible element to it.
and unions have some pretty good lobbyists, too, don't they? >> yeah, they got tons of them. and we all get to have voice. we are in a democracy. but, i would also say, and i would also say to andrew's question, that you know, we're in the thick of this whole fiscal cliff discussion. i mean, because it does impact every company. it is as important as any single program or advocacy that boeing has. far more important. >> so you would urge both sides to do simpson-bowles, then? would...
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Dec 11, 2012
12/12
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basically restricting unions in what is obviously a stronghold of organized labor. this is the scene outside the capitol which has already been closed because it was filled to capacity. an estimated 10,000 people demonstrating outside where it's about 25 degrees. also several school districts in michigan have been closed as the teachers there have gone to lansing to join the rallies. quite a scene today in michigan. >>> meantime, time for a capital markets op-ed. gary, we mentioned madoff. it's hard to believe it's been four years. >> as a matter of fact, david and i were just talking about it offset. it was 3:00 four years ago today. i got a phone call. you're not going to believe this. they finally got madoff. faber and i had been chatting about it probably for close to a decade. remember, within the industry, the numbers, the performance, this was something that wasn't unknown. but just people were shocked. again, that day that four years ago, david, can you believe it? no, we can't believe it. finally nailed him. here's the thing. madoff won't happen again for t
basically restricting unions in what is obviously a stronghold of organized labor. this is the scene outside the capitol which has already been closed because it was filled to capacity. an estimated 10,000 people demonstrating outside where it's about 25 degrees. also several school districts in michigan have been closed as the teachers there have gone to lansing to join the rallies. quite a scene today in michigan. >>> meantime, time for a capital markets op-ed. gary, we mentioned...
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starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. >>> welcome back to "starting point." i'm christine romans. minding your business this morning, markets in a holding pattern as fiscal cliff talks continue in washington. but the s&p 500 is up 12% so fa
starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar...